Answer:
$1,440 per machine
Explanation:
The computation of the cost per machine is shown below:
= Total cost ÷ number of machine completed
where,
Total cost = Material cost + direct labor cost + manufacturing overhead applied cost + beginning work in process cost - ending work in process cost
= $15,000 + $11,000 + $7,000 + $11,000 - $8,000
= $36,000
And, the number of machine completed is 25
So, the cost per machine is
= $36,000 ÷ 25 machines
= $1,440 per machine
Answer:
Differentiate their products
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
examples of monopolistic competition are restaurants
A monopolistic firm in the food industry acting in their own self-interest, will often include a recyclable symbol on packaging used for their product to Differentiate their products. This is meant to communicate to consumers that they are different from other firms in the industry
SNOW WHITE AND THE SEVEN DWARFS BY ANNE SEXTON
Answer:
$68,475
Explanation:
Data provided
Sales in October = $249,000
Credit percentage = 55%
Following month percentage = 50%
The calculation of accounts receivable is shown below:-
Credit sales in October = $249,000 × 55%
= $136,950
Collection collected in October
= $136,950 × 50%
= $68,475
Therefore, for computing the collection collected in October we simply multiply the credit sales in October with following month percentage.